The Pakistani rupee has seen its fair share of ups and downs over the years, but the coming months could be especially rough if recent forecasts are anything to go by. Some market analysts are now predicting that the US dollar might cross Rs. 300 by the end of this year, raising concerns about what lies ahead for the country’s economy.
A recent poll by Topline Securities, a well-known brokerage firm, gives us a glimpse into market sentiment. Before the next monetary policy announcement, the survey asked financial experts where they see the dollar-rupee exchange rate by December 2025.
Interestingly, over half of the participants (51%) believe the rupee will hover between Rs. 285 and Rs. 290. But what’s more concerning is that 15% of respondents think it could go beyond Rs. 300, a level that, not too long ago, seemed like a worst-case scenario.
Another 30% are split between expectations of Rs. 290-295 and Rs. 295-300, indicating that confidence in the rupee holding its ground is clearly shaky.
Topline Securities itself projects the rupee to fall within Rs. 288–292 by December 2025, and dip further to Rs. 298–302 by mid-2026. These numbers paint a picture of continued pressure on Pakistan’s economic indicators, involving rising inflation, dwindling foreign reserves, and uncertainty on the political front.
As of today, the rupee stands at Rs. 284.97 in the interbank market, so the potential drop isn’t just speculation; it’s within arm’s reach.
Whether this decline happens gradually or through a sharp dip depends on how the government and the central bank manage fiscal policies, foreign loans, and public confidence.
For now, the rupee is on shaky ground, and the next few months will be critical in determining whether Rs. 300 becomes reality or just another worrying prediction.
Read more: US Dollar Takes Another Big Fall Against Pakistani Rupee
